Overview of UK Banking and Finance Law: Regulatory Landscape and Business Implications

Overview of UK Banking and Finance Law: Regulatory Landscape and Business Implications

29 July 2024

The UK’s banking and finance sector is tightly regulated by bodies like the Financial Conduct Authority and the Prudential Regulation Authority. Key legislations include the Financial Services and Markets Act 2000 and the Banking Act 2009. With Brexit, the UK faces new regulatory challenges and opportunities, enhancing its appeal as a global finance hub. The nation remains a leader in fintech, supported by initiatives like the FCA’s regulatory sandbox, encouraging innovation in digital payments and blockchain technologies.

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Owen Bailey

Owen Bailey is a seasoned writer and thought leader in the fields of new technologies and fintech. With a Master’s degree in Financial Technology from the renowned Massachusetts Institute of Technology, his academic background equips him with a profound understanding of the intersection between finance and innovation. Owen has honed his expertise through his professional experience at Zephyr Financial Solutions, where he played a pivotal role in developing insights on emerging financial technologies. His work has been featured in various industry publications, and he is dedicated to uncovering the transformative potential of technology in reshaping financial landscapes. Through his writing, Owen aims to bridge the gap between complex technological advancements and practical applications within the fintech sector.

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